Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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Accounts - Principles of Accounts Past Questions

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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
3116

The effect of transaction when cash is paid into the bank is?

  • A. bank balance decrease and cash balance increase
  • B. cash balance decrease and bank balance increase
  • C. bank balance decrease and cash balance decrease
  • D. cash balance increase and bank balance increase
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3117

Which of these is not a subsidiary books?

  • A. sales day book
  • B. purchase day book
  • C. credit note
  • D. return inward day book
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3118

Salaries in arrears is treated in the balance sheet as a

  • A. current asset
  • B. current liability
  • C. long term liability
  • D. fixed asset
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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3119

Capital for a profit making organization is generated through

  • A. gift
  • B. donation
  • C. shares
  • D. subscription
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3120

One of the options below have the same features as the profit and loss account in non-profit organization

  • A. non profit account
  • B. profit and loss account
  • C. income and expenditure account
  • D. receipts and payment account
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Your School's Whatsapp Group - Join Us now
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now